company biographies

Christopher S. Campbell

Chris is President and Chief Executive Officer of Devonshire REIT II, Inc.  and the Chairman of the Board. He began coordinating with construction companies on behalf of tenant businesses, as well as buying, selling and managing properties approximately 15 years ago both on an individual basis and in partnership with others. In 2001, Chris founded and held the title of President and Chief Executive Officer of Online Brokerage Services, Inc. and OBS Financial Services, Inc. In December of 2007, he orchestrated the sale of OBS to Texans Financial (the Credit Union of Texas Instruments, Nokia, and Ericsson), which resulted in a substantial return to investors. He formerly held a position as Chairman of the board of directors for OBS Holdings, Inc. and AccuTech Systems Advisory Council.

Chris was previously an active securities representative and held numerous securities licenses (Series 7, Series 24, Series 27 and Series 65) from 1989-2014.

He received a B.S.B.A from Bowling Green State University School of Business in 1987.

Michael A. Carroll

Michael A. Carroll is Chief Executive Officer of Devonshire REIT, Inc.  From 2009 through 2015, he was the Chief Executive Officer of Brixmor Property Group, an NYSE listed REIT. He was responsible for the overall strategic direction and oversight of its entire real estate operations encompassing approximately 87 million square feet of shopping centers.  Under his leadership, Brixmor was acquired by The Blackstone Group in June 2011 for $9.0 billion and completed its Initial Public Offering in October 2013.  During his tenure, shareholders realized a total return greater than 32%, and the Company enterprise value grew to over $14 billion. He is an established real estate veteran with over 24 years in the shopping center industry and expansive retailer relationships.  He has led three separate strategic alternative undertakings all resulting in a successful sale or capital investment.


Mr. Carroll served as Chief Executive Officer of Centro US from February 2009 through June 2011 and as Chief Operating Officer from April 2007 through February 2009.  He was pivotal in the Company’s restructuring efforts under the ownership of Centro Properties Group between December 2007 and the time of its sale, including multiple lender negotiations related to its debt structure. At the same time, he successfully led efforts to integrate the Company’s three major US public company acquisitions under a single national platform.


Until its acquisition in April 2007, Mr. Carroll served as Executive Vice President, Real Estate Operations of New Plan Excel Realty Trust, Inc.


Mr. Carroll is a trustee of the International Council of Shopping Centers and a member of the Urban Land Institute.  He is also a Director of the Bowling Green State University (BGSU) Foundation Board, where he received his BSBA in 1992, and has endowed a scholarship there in his area of study. He also has an MBA from The University of Toledo.

Daniel W. Sandwisch

Dan oversees the acquisition due diligence, property management, leasing, and capital projects for the Company’s real estate operations division. Before joining Devonshire in 2013, he was President of Timberstone Group, a regional commercial real estate developer. Prior to Timberstone, Mr. Sandwisch was COO of Solar Cells, Inc., the predecessor company to First Solar.

Dan received a B.S. in Mechanical Engineering from Columbia University and a B.A. in Physics from Wittenberg University.

Michael J. Denman

Mike is responsible for sourcing, acquiring, re-development and development of all properties for Devonshire’s real estate portfolio. His involvement in the real estate industry spans over twenty years, with developments in several states encompassing mixed-use commercial developments, neighborhood shopping centers and power shopping centers with anchors including Wal- Mart, Sam’s Club, Kroger’s, Sweetbay and several other national and regional brands. Mike has bought, sold, and developed over 4 million square feet of gross leasable space across the Great Lakes, Midwest and Southeastern regions of the US.

He received his BBA in Finance from the University of Toledo and has been a member of the International Council of Shopping Centers since 1991.

Michael D. Bogdan

Mike is the Chief Accounting Officer. He is responsible for overseeing all accounting functions including general ledger, financial statements, financial and compliance reporting and accounting systems. Mike joined Devonshire in August 2012, with a strong finance and risk management background. Prior to Devonshire, he served as an Entrepreneur in Residence at Rocket Ventures, a seed/early stage venture capital firm for Northwest Ohio technology-based companies. As an Entrepreneur in Residence, his key roles were to develop and implement business and strategic planning processes, develop capital funding strategies and transfer technical and business knowledge as an “interim” CEO or CFO. In this capacity, he was the interim CFO for two porbolio companies as well as held board positions on four other startups. Prior to Rocket Ventures, Mike spent a combined 12 years in the financial services industry as a vice president in the Business Banking Group at KeyBank and as an Executive VP and senior lender at a local community bank.

Mike is currently a Director at Lutheran Homes Society, Inc., where he serves as a member of the Executive Commieee and as the Audit Commieee Chairman, Trustee for Erie Shores Council-Boy Scouts of America and a member of NAREIT.

He obtained his B.B.A. with a concentration in finance from The University of Toledo in 1987.

Christopher B. Denman

Chris is the Chief Administration Officer. He oversees the day to day operations of Devonshire along with the development and implementation of many of the Company’s strategic initiatives. Prior to Devonshire, Chris was a territory manager for 4 years with Federated Investors where he was responsible for over 1,200 advisors, he was with Huntington Bank’s Insurance division for 4 years, and he began his career with BankOne, so he has an excellent working knowledge of the financial services, banking and insurance industries which serves him well in his current position with Devonshire.

He earned a B.S. in Business Administration with a Finance concentration from The Ohio State University. .

Chris is also the founder of TEI Charities, Inc., a non-profit organization created to aid other non-profits in raising money and awareness for their causes. TEI itself has raised almost $25,000 for the V Foundation for Cancer Research. Chris’s community and corporate leadership roles garnered him Toledo’s “20 under 40” Leadership Award in 2014.

M. Todd Latham

Todd directs marketing and branding for Devonshire. He oversees conception, design, and implementation of marketing programs for both capital markets and leasing. His marketing and capital raising efforts have helped the company raise over $130M in capital since his co-founding the fund in 2009.

Prior to Devonshire, Todd was Vice-President & Regional Manager in Texas for OBS Financial Services from 2004 to 2008. He established OBS’s presence in Texas and helped build the organization to $500 million in assets before it was sold in 2007. Previous to OBS, Todd spent 16 years in the graphic arts industry where his customers included both advertising agencies and national retailers such as: Pizza Hut, Blockbuster Video, Linens & Things, AAFES, and Chuck E. Cheese Pizza – giving him a unique insight into retailing, advertising, marketing and branding.

While in college, he earned his Texas Real Estate License and worked as a leasing agent for property management companies. Todd currently holds a Series 65 (Registered Investment Advisor) securities license.

Todd graduated Cum Laude from Texas A&M University with a B.S. in Agricultural Economics. He lives in Haslet, TX, a suburb of Fort Worth, where he is active in his church, and with Hands of Hope – a homeless outreach organization.

Jeffrey L. Seiple

As Director of Capital Markets for Devonshire, Jeff is in charge of new business development and also oversees the direction and focus of the capital raising efforts. Under his leadership the capital team has raised over $130 million since his co-founding the fund in 2009.

Prior to Devonshire, Jeff was instrumental in the development and growth of OBS Financial Services, a Third Party Asset Management Provider (TAMP) for community bank trusts, to over $500 million in total assets under management.

Jeff holds Bachelor’s Degrees in Business Management and Business Marketing from Miami University of Ohio. He is also a life member of the North Country Trail Association and volunteers to manage the Emmet County, MI segment of the Trail, the longest National Scenic Trail in the United States.

William L. Bostleman

Bill oversees the development and re-development projects for Devonshire. He brings over 20 years of CRE experience to Devonshire from his previous position as President and Owner of Bostleman Corporation and is proficient in every aspect of a commercial real estate business. The Bostleman name is virtually synonymous with commercial real estate development and management across the Great Lakes region of the US.

Over the course of his leadership, Bill grew Bostleman Corp. from $30M to $120M in annual revenues and almost 100 employees. The company owned and managed a $50M portfolio of properties, but was also involved in some of the largest commercial development projects in Northwest Ohio. During his career, Bill has been involved in the purchase, sale, leasing, management and development of almost $1.5B worth commercial real estate.

Bill holds a Juris Doctorate from Duke University School of Law (High Honors, Order of the Coif) and a Bachelor of Science in Finance from the University of Virginia, McIntire School of Commerce.

Walter B. Lotspeich

Walt is responsible for developing new business and working with current bank trust investors nationwide. Before joining Devonshire in 2014, Walt spent 10 years managing sales, account management and marketing for Proxytrust, a proxy service vendor focused primarily on trust departments. During that time, Walt helped grow the business from 50 clients to over 200. Prior to Proxytrust, Walt managed trust operations for The Trust Company of the South, an independent private trust company based in North Carolina, so he has a deep understanding of unique processes and challenges involved in running a trust department.

Walt graduated Cum Laude from Elon University with a Bachelor of Arts degree in Economics.

Rick Suder

Rick concentrates on business development and capital raising through the trust and wealth management industry. He has been in the bank trust and wealth management industry for over 25 years building enduring relationships – some of which span his entire career. Before joining Devonshire, he spent 5 years with OBS Financial Services and FCI where he worked with bank trust departments providing Third-Party Asset Management investment services. Prior to FCI, he owned his own RIA for 10 years. He began his career with Federated Investors working with community bank trust departments from Maine to Kentucky to Montana from 1987 to 1997.

Rick earned a Bachelor of Science Degree in Marketing/Management from Duquesne University where he was captain of the basketball team, lead the Atlantic 10 Conference in scoring and is a member of the Duquesne University Sports Hall of Fame.

He holds a Series 65 (Registered Investment Advisor) securities license.

Angie Hohl

Angie has 21 years of experience in real estate including 18 years as an Escrow Officer. Prior to joining Devonshire, she was with Midland Title and Port Lawrence Title & Trust Company. She is responsible for ongoing investor relationships including correspondence, corporate updates and fielding inquiries. She is also the coordinator for Devonshire’s annual Symposium and helps coordinate outside conferences for the capital team. Angie holds a Paralegal Certificate from Bowling Green State University.

Douglas A. Dymarkowski

Doug is the in-house counsel of the Company where his major responsibilities include: governance and compliance, business transactions, negotiations, and litigation.

Doug earned his law degree from Case Western Reserve University and his BBA in Finance from the University of Toledo. Prior to joining Devonshire, Doug was in private law practice concentrating on business and real estate law.

Eric Hutchins

Eric has been with Devonshire REIT since 2009, when the company was founded. He leads the company’s leasing platform with the goal of maximizing portfolio performance. His team includes the VP of Leasing, the Manager of Research & Information, and the Lease Administrator. Prior to joining Devonshire, Eric was responsible for 3 million square feet as Vice President of Leasing for a development company. Eric’s strengths include negotiating leases with anchor tenants such as Kroger, TJX, Giant Eagle and Burlington Coat Factory. He has also had success negotiating with local and regional tenants, which is vital to the overall portfolio. Eric is a member of International Council of Shopping Centers (ICSC) and holds his real estate license in the State of Ohio.

Thomas Shine

Tom oversees the management and leasing of retail properties. He brings over 26 years experience in commercial real estate to Devonshire.

He began his career as the operations manager for a single mall, and has held operations positions at every level up to Regional Director of Kimco Realty, the largest owner/manager of Neighborhood and Community Shopping Centers in North America. Over the course of his career, Tom has managed properties in over 50 different cities across the Midwest and Great Lakes regions of the US, encompassing over 14 million square feet of GLA.

Tom received a Bachelor of Business Administration from Kent State University and holds the Certified Shopping Center Manager (CSM) designation as a member of the International Council of Shopping Centers (ICSC).

James T. Saffran

Jim brings almost 40 years of commercial real estate experience to the Devonshire Team. With a special emphasis on the finance/accounting side of the business, he has held the positions of VP Finance, VP Operations, VP Development, and Corporate Controller at some of the largest developers in Ohio.

Over the span of his career, Jim has been instrumental in the design, development, financing, and completion of over 60 projects encompassing over 3,000,000 square feet and a completed value of $400 million.

His knowledge of the commercial real estate industry and the myriad industry participants gives the Devonshire Team a substantial edge.

Gary A. Yunker

Gary brings over 40 years of commercial real estate development experience to Devonshire. He was most recently with Timberstone Group, Inc. pursuing development opportunities in the Southeast and Southwest areas of the United States along with Ohio and Michigan.

Prior to Timberstone, Mr. Yunker was a partner in the Bostleman Corporation. He was involved in over 35 projects including land development, free-standing drugstores, neighborhood shopping Centers, pad sit sales, single-tenant and mutli-tenant office buildings, industrial/warehouse Buildings, healthcare and elderly housing projects and renovations/redevelopment of older commercial properties.

Gary was Vice-President-Development for Hutchens Company in Aiken, South Carolina developing Wal-Mart anchored shopping centers in Ohio, Michigan, Indiana and Pennsylvania. He developed sixteen projects ranging in size from free-standing 90,000sf Wal-Mart to a 350,000sf power center anchored by Wal-Mart, Sam’s and Supermarket.

Gary has been a member of the International Council of Shopping Centers for over 30 years. He sits on the Board of the Ronald McDonald House of NW Ohio, Toledo Humane Society and Lucas County Improvement Corp. He is a member of the Toledo Children’s Hospital Fellows Society and Property Rights Coalition of NW Ohio. Gary holds a BBA from Ohio University in Athens, Ohio.